BRIDGEMARQ REAL ESTATE SERVI (BRE.CA) Stock Fundamental Analysis
TSX:BRE - Toronto Stock Exchange - CA10808B1085 - Common Stock - Currency: CAD
BRE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 28 industry peers in the Real Estate Management & Development industry. While BRE is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, BRE is valued expensive at the moment. BRE also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
BRE had negative earnings in the past year.
BRE had a positive operating cash flow in the past year.
BRE had positive earnings in 4 of the past 5 years.
Each year in the past 5 years BRE had a positive operating cash flow.
1.2 Ratios
BRE has a Return On Assets of -6.55%. This is amonst the worse of the industry: BRE underperforms 82.14% of its industry peers.
With an excellent Return On Invested Capital value of 153.83%, BRE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
BRE had an Average Return On Invested Capital over the past 3 years of 229.29%. This is significantly above the industry average of 11.02%.
The last Return On Invested Capital (153.83%) for BRE is well below the 3 year average (229.29%), which needs to be investigated, but indicates that BRE had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.55% | ||
| ROE | N/A | ||
| ROIC | 153.83% |
ROA(3y)9.5%
ROA(5y)7.08%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)229.29%
ROIC(5y)142.6%
1.3 Margins
BRE has a Operating Margin of 4.74%. This is in the lower half of the industry: BRE underperforms 75.00% of its industry peers.
In the last couple of years the Operating Margin of BRE has declined.
Looking at the Gross Margin, with a value of 98.53%, BRE belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
BRE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.74% | ||
| PM (TTM) | N/A | ||
| GM | 98.53% |
OM growth 3Y-51.34%
OM growth 5Y-33.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.2%
GM growth 5Y-0.06%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BRE is creating value.
Compared to 1 year ago, BRE has about the same amount of shares outstanding.
BRE has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for BRE has been reduced compared to a year ago.
2.2 Solvency
BRE has an Altman-Z score of 0.21. This is a bad value and indicates that BRE is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.21, BRE is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
The Debt to FCF ratio of BRE is 5.60, which is a neutral value as it means it would take BRE, 5.60 years of fcf income to pay off all of its debts.
BRE has a better Debt to FCF ratio (5.60) than 82.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.6 | ||
| Altman-Z | 0.21 |
ROIC/WACC17.72
WACC8.68%
2.3 Liquidity
BRE has a Current Ratio of 0.36. This is a bad value and indicates that BRE is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.36, BRE is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
A Quick Ratio of 0.36 indicates that BRE may have some problems paying its short term obligations.
With a Quick ratio value of 0.36, BRE is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
The earnings per share for BRE have decreased strongly by -1192.31% in the last year.
The Revenue has grown by 622.66% in the past year. This is a very strong growth!
BRE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 51.22% yearly.
EPS 1Y (TTM)-1192.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-683.39%
Revenue 1Y (TTM)622.66%
Revenue growth 3Y91.16%
Revenue growth 5Y51.22%
Sales Q2Q%837.63%
3.2 Future
The Earnings Per Share is expected to decrease by -19.88% on average over the next years. This is quite bad
BRE is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.74% yearly.
EPS Next Y-82.72%
EPS Next 2Y-19.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year22.94%
Revenue Next 2Y14.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
BRE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 101.27, which means the current valuation is very expensive for BRE.
60.71% of the companies in the same industry are more expensive than BRE, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.20. BRE is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 101.27 |
4.2 Price Multiples
BRE's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BRE is cheaper than 96.43% of the companies in the same industry.
BRE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BRE is cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.72 | ||
| EV/EBITDA | 7.35 |
4.3 Compensation for Growth
BRE's earnings are expected to decrease with -19.88% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-19.88%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BRE has a Yearly Dividend Yield of 9.53%, which is a nice return.
BRE's Dividend Yield is rather good when compared to the industry average which is at 3.42. BRE pays more dividend than 96.43% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, BRE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.53% |
5.2 History
The dividend of BRE has a limited annual growth rate of 0.04%.
BRE has been paying a dividend for at least 10 years, so it has a reliable track record.
BRE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.04%
Div Incr Years0
Div Non Decr Years12
5.3 Sustainability
BRE has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-124.07%
EPS Next 2Y-19.88%
EPS Next 3YN/A
TSX:BRE (4/30/2025, 7:00:00 PM)
14.32
-0.16 (-1.1%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners0.27%
Inst Owner ChangeN/A
Ins Owners0.89%
Ins Owner ChangeN/A
Market Cap135.75M
Analysts80
Price Target18.36 (28.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.53% |
Yearly Dividend1.35
Dividend Growth(5Y)0.04%
DP-124.07%
Div Incr Years0
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)122.53%
Min EPS beat(2)68.32%
Max EPS beat(2)176.73%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-99.44%
Min Revenue beat(2)-99.45%
Max Revenue beat(2)-99.43%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 101.27 | ||
| P/S | 0.39 | ||
| P/FCF | 8.72 | ||
| P/OCF | 7.94 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.35 |
EPS(TTM)-1.53
EYN/A
EPS(NY)0.14
Fwd EY0.99%
FCF(TTM)1.64
FCFY11.47%
OCF(TTM)1.8
OCFY12.6%
SpS36.94
BVpS-8.46
TBVpS-16.03
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.55% | ||
| ROE | N/A | ||
| ROCE | 265.76% | ||
| ROIC | 153.83% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 4.74% | ||
| PM (TTM) | N/A | ||
| GM | 98.53% | ||
| FCFM | 4.45% |
ROA(3y)9.5%
ROA(5y)7.08%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)229.29%
ROIC(5y)142.6%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)396.11%
ROCE(5y)246.35%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-51.34%
OM growth 5Y-33.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.2%
GM growth 5Y-0.06%
F-Score5
Asset Turnover2.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.6 | ||
| Debt/EBITDA | 2.89 | ||
| Cap/Depr | 12.24% | ||
| Cap/Sales | 0.44% | ||
| Interest Coverage | 1.24 | ||
| Cash Conversion | 58.78% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.36 | ||
| Altman-Z | 0.21 |
F-Score5
WACC8.68%
ROIC/WACC17.72
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1192.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-683.39%
EPS Next Y-82.72%
EPS Next 2Y-19.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)622.66%
Revenue growth 3Y91.16%
Revenue growth 5Y51.22%
Sales Q2Q%837.63%
Revenue Next Year22.94%
Revenue Next 2Y14.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-10.19%
EBIT growth 3Y-6.98%
EBIT growth 5Y0.12%
EBIT Next Year243.15%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y13.93%
FCF growth 3Y0.94%
FCF growth 5Y0.3%
OCF growth 1Y25.11%
OCF growth 3Y4.14%
OCF growth 5Y1.85%